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$504,000

NAL Estimated Property Value

2039 Spring Cedar Ln, Houston, TX, 77077

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,722 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$159.81 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringCarpet, Marble, Tile

Exterior

Lot Size2,849 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1274470020037
Lot Number37
SubdivisionLakes Of Parkway Amend #1
Land UseResidential
Legal DescriptionLT 37 BLK 2 LAKES OF PARKWAY SEC 18 AMEND NO 1
Census Tract451606
Assessed Land Value$121,275
Assessed Improvement Value$338,725
Assessment Year2025

About this property

Beautiful END UNIT Townhome w/ open floor plan overlooking the lake. This 24/7 gated community of Lakes of Parkway is in the heart of the Energy Corridor. The well-maintained 3 bed/3 bath unit features updated tile floors throughout the downstairs, plantation shutters, granite counters, SS appliances, spacious kitchen that opens to the Dining & Breakfast area overlooking the private patio is ready for some BBQing & entertaining! Large Study on first floor that could be converted to a 4th bedroom w/ full bath. Huge Master bedroom on the 2nd floor w/ private suite & balconing overlooking the lake. Oversized Game Room at top of stairs w/ vaulted ceiling. This luxury home community offers a Clubhouse, Tennis courts, Playground, Swimming pool, Walking trails, & Beautiful lakes w/ fountains. Area has exemplary schools & is within convenient distance to Terry Hershey park & trails. Make this your next home!

Investor Tools

Property Icon
$504,000
Estimated Property Value
$0Estimated Mortgage Balance
$504,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,024 /month
Positive
Cash Flow Estimate:
$1,008 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
$3,837/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,459
$460,000
2025
$121,275
$338,725
$460,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,459
$460,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$504,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,837/mo
$-1,607/mo
5.3%

City: Houston

2039 Spring Cedar Ln | Property Details | No Agent List